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State Bank of India

SBIN

State Bank of India

SBIN
FinancialsPublic Banks
LargecapWith a market cap of ₹7,07,498 cr, stock is ranked 7
Moderate RiskStock is 2.13x as volatile as Nifty
794.250.19% (+1.50)
794.250.19% (+1.50)

Price Chart

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Returns
1D
1W
1M
1Y
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SIP
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1D
1W
1M
1Y
5Y
Max
SIP
FinancialsPublic Banks
LargecapWith a market cap of ₹7,07,498 cr, stock is ranked 7
Moderate RiskStock is 2.13x as volatile as Nifty

How to use scorecard? Learn more

FinancialsPublic Banks
LargecapWith a market cap of ₹7,07,498 cr, stock is ranked 7
Moderate RiskStock is 2.13x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
10.651.64
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
18.562.580.76%

Forecast & Ratings

Detailed Forecast 
75%
Analysts have suggested that investors can buy this stock

from 40 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

State Bank of India is a public sector bank providing a range of products and services to personal, commercial enterprises, large corporates, public bodies and institutional customers.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Lower than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 12.45%, vs industry avg of 14.77%

Decreasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 49.94% to 43.29%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue2,73,461.142,98,640.273,06,527.673,30,687.363,68,010.653,85,337.894,06,973.094,73,378.145,94,574.906,14,367.17
Raw Materialssubtract5,21,907.00
Power & Fuel Costsubtract
Employee Costsubtract32,525.6035,691.2135,410.6243,795.0148,850.5454,330.8361,445.1361,920.9183,671.19
Selling & Administrative Expensessubtract10,554.8911,477.3813,576.4013,891.0714,797.7115,180.0116,585.9918,559.8119,635.17
Operating & Other expensessubtract2,09,951.652,47,612.172,66,680.352,64,284.892,70,384.252,79,320.032,75,512.073,13,803.273,96,179.38
Depreciation/Amortizationsubtract2,252.212,914.683,105.073,495.893,661.563,711.063,691.273,695.603,849.12
Interest & Other Itemssubtract
Taxes & Other Itemssubtract5,952.19703.60-7,688.622,920.8410,548.7910,390.5114,364.7519,750.3924,155.3926,047.67
EPS16.050.31-5.392.5822.1525.1139.6462.3575.1774.42
DPS2.602.600.000.000.004.007.1011.3013.70
Payout ratio0.168.480.000.000.000.160.180.180.000.18

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2017

Annual Report Unavailable

Investor Presentation

May 19PDF
FY 2018

Annual Report Unavailable

FY 2019

Annual Report Unavailable

Investor Presentation

Feb 1PDF
Sep 27PDF
Aug 10PDF
FY 2021

Annual report

PDF

Investor Presentation

Feb 4PDF
FY 2023

Annual report

PDF

Investor Presentation

Nov 5PDF
Aug 6PDF
FY 2024

Annual report

PDF

Investor Presentation

Aug 4PDF
 

Peers & Comparison

Comparing 3 stocks from 
FinancialsPublic Banks

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
State Bank of India10.551.64
Bank of Baroda Ltd6.561.023.20%
Punjab National Bank13.151.081.38%
Indian Overseas Bank41.754.04

Price Comparison

Compare SBIN with any stock or ETF
Compare SBIN with any stock or ETF
SBIN
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding56.92%11.00%12.35%11.04%8.69%

Sep 2023

Dec 2023

Mar 2024

Jun 2024

Shareholding History

MarJunSepDec '23MarJun9.88%10.36%10.72%10.81%10.97%11.04%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding State Bank of India




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
SBI Equity Hybrid Fund - Growth - Direct Plan

Growth
0.5072%4.89%-0.34%70/90 (+14)
HDFC Balanced Advantage Fund - Growth - Direct Plan

Growth
0.4465%3.31%-0.20%57/293 (-2)
Kotak Flexicap Fund - Growth - Direct Plan

Growth
0.2787%3.67%-0.29%7/62 (+1)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases

A smallcase is a basket of stocks/ETFs that represents an idea or theme.Diversify your risk and buy smallcases that have State Bank of India

Events

Dividend Trend

No dividend trend available

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateMay 22, 2024

Final
Final | Div/Share: ₹13.70

Dividend/Share

13.70

Ex DateEx Date

May 22, 2024

Cash Dividend

Ex DateEx DateMay 31, 2023

Final
Final | Div/Share: ₹11.30

Dividend/Share

11.30

Ex DateEx Date

May 31, 2023

Cash Dividend

Ex DateEx DateMay 25, 2022

Final
Final | Div/Share: ₹7.10

Dividend/Share

7.10

Ex DateEx Date

May 25, 2022

Cash Dividend

Ex DateEx DateJun 3, 2021

Final
Final | Div/Share: ₹4.00

Dividend/Share

4.00

Ex DateEx Date

Jun 3, 2021

Cash Dividend

Ex DateEx DateMay 26, 2017

Final
Final | Div/Share: ₹2.60

Dividend/Share

2.60

Ex DateEx Date

May 26, 2017

News & Opinions
Corporate
State Bank of India raises Rs 7,500 Basel III compliance Tier 2 bonds

State Bank of India (SBI) raised Rs. 7,500 crore today at a coupon rate of 7.33% through its second Basel III compliant Tier 2 bond issuance for the current financial year. The bonds are issued for a tenor of 15 years, with call option after 10 years and each anniversary dates thereafter and are rated AAA with stable outlook from CRISIL Ratings and CARE Ratings.Powered by Capital Market - Live

15 hours agoCapital Market - Live
Corporate
Bank SBI Indonesia inducts Bank KEB Hana as minority shareholder

Bank SBI Indonesia (BSBII), the overseas Banking subsidiary of State Bank of India in Indonesia has an SBI holding of 99.56% stake. For the purpose of Regulatory compliance of meeting minimum 1% of local shareholding requirement, BSBII has proposed to issue preference shares to PT Bank KEB Hana, Indonesia. As part of the arrangement, State Bank of India, PT Bank KEB Hana Indonesia and Bank SBI Indonesia have signed Shareholders' Agreement on 10 September 2024, which allows Bank KEB Hana Indonesia to invest in 1% shares of Bank SBI Indonesia by way of preference shares. PT Bank KEB Hana Indonesia is a subsidiary of South Korean financial institution, Hana Financial Group. After induction of Bank KEB Hana as minority shareholder, SBI's shareholding will be 99% in Bank SBI Indonesia.  Powered by Capital Market - Live

1 week agoCapital Market - Live
Corporate
State Bank of India receives ratings action from CRISIL

State Bank of India announced that CRISIL Ratings has assigned its 'CRISIL AAA/Stable' rating to the Rs 7,500 crore Tier II Bonds under Basel III of State Bank of India and has reaffirmed its 'CRISIL AAA/CRISIL AA+/Stable' ratings on the other debt instruments. CRISIL Ratings has also withdrawn its rating on Tier I bonds of Rs 3104.8 crore (See 'Annexure - Details of Rating Withdrawn' for details) in line with its withdrawal policy. CRISIL Ratings has received independent verification that these instruments are fully redeemed. The ratings continue to centrally factor in the SBI group's dominant market position in the Indian banking industry, strong resource profile and adequate capitalisation. The ratings also factor in the continued strong support that the bank is likely to receive from its majority owner, Government of India (GoI), both on an ongoing basis and in the event of distress. These strengths are partially offset by the average asset quality of the group. Powered by Capital Market - Live

1 week agoCapital Market - Live
Futures Update
Nifty September futures trade at premium

The Nifty September 2024 futures closed at 24,993.30, a premium of 56.90 points compared with the Nifty's closing 24,936.40 in the cash market. In the cash market, the Nifty 50 rose 84.25 points or 0.34% to 24,936.40. The NSE's India VIX, a gauge of market's expectation of volatility over the near term, slipped 6.43% to 14.24. State Bank of India, ICICI Bank and HDFC Bank were the top traded individual stock futures contracts in F&O segment of NSE. The September 2024 F&O contracts will expire on 26 September 2024. Powered by Capital Market - Live

1 week agoCapital Market - Live
Futures Update
Nifty September futures trade at premium

The Nifty September 2024 futures closed at 24,909.40, a premium of 57.52 points compared with the Nifty's closing 24,852.15 in the cash market. In the cash market, the Nifty 50 dropped 292.95 points or 1.17% to 24,852.15. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, rallied 6.49% to 15.13. State Bank of India, Reliance Industries and were HDFC Bank the top traded individual stock futures contracts in F&O segment of NSE. The September 2024 F&O contracts will expire on 26 September 2024. Powered by Capital Market - Live

1 week agoCapital Market - Live
Corporate
State Bank of India announces change in nominee director

State Bank of India announced the nomination of Nagaraju Maddirala, (Secretary, Government of India, Ministry of Finance, Department of Financial Services) as Director on the Central Board of the Bank with immediate effect and until further orders, vice Vivek Joshi. Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Corporate
State Bank of India raises Rs 7,500 cr via Basel III compliance Tier 2 bonds

State Bank of India has allotted 7,500 Non-convertible, Taxable, Redeemable, Subordinated, Unsecured, Fully Paid-up Basel III compliant Tier 2 Bonds in the nature of debentures of face value Rs.1 crore each aggregating Rs 7,500 crore on 29 August 2024. Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Futures Update
Nifty August futures trade at premium

The Nifty August 2024 futures closed at 24,404, a premium of 36.5 points compared with the Nifty's closing 24,367.50 in the cash market. In the cash market, the Nifty 50 gained 250.50 points or 1.04% to 24,367.50. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, tumbled 7.45% to 15.37. State Bank of India, Trent and HDFC Bank were the top traded individual stock futures contracts in F&O segment of NSE. The August 2024 F&O contracts will expire on 29 August 2024. Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
SBI says Govt appoints Challa Sreenivasulu Setty as chairman

The appointment was made by Department of Financial Services, Ministry of Finance, Government of India. The exchange filing stated, 'In exercise of powers conferred by clause (a) of section 19 read with sub-section (1) of section 20 of the State Bank of India Act, 1955 (23 of 1955), the Central Government, hereby appoints Shri Challa Sreenivasulu Setty, managing director (MD) of SBI as chairman, SBI for a period of three years with effect from the date of assumption of charge of the office, on or after 28.08.2024, or until further orders, whichever is earlier.' Further, the Central Government has appointed Rana Ashutosh Kumar Singh, deputy MD of SBI as MD in SBI with effect from the date of assumption of office. The notification stated, 'In exercise of powers conferred by clause (b) of section 19 read with sub-section (1) of section 20 of the State Bank of India Act, 1955 (23 of 1955), the Central Government, hereby appoints Shri Rana Ashutosh Kumar Singh, deputy MD of SBI as MD in SBI with effect from the date of assumption of office and up to the date of his attaining the age of superannuation 30 June 2027, or until further orders, whichever is earlier.' State Bank of India (SBI) is an Indian multinational, public sector banking and financial services statutory body. As of 30 June 2024, the Government of India held 57.54% stake in the bank. The largest PSU bank's standalone net profit rose marginally to Rs 17,035.16 crore in Q1 FY25 as against Rs 16,884.29 crore posted in Q1 FY24. Total income increased 13.56% year on year (YoY) to Rs 1,22,687.85 crore in the quarter ended 30 June 2024. The scrip rose 1.42% to end at Rs 809.10 on Wednesday, 7 August 2024.Powered by Capital Market - Live

1 month agoCapital Market - Live
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